Polygon Targets Faster Finality as Giugliano Upgrade Goes Live April 8
Polygon will roll out its Giugliano hard fork on the mainnet on April 8, and the upgrade is expected to go live at around 2:00 PM UTC at block 85,268,500,…
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Polygon Axes 30% Workforce, Eyes Stablecoin Domination Post-Acquisitions
Polygon Labs has carried out another round of layoffs. The company has reportedly cut around 30% of its workforce as it restructures and pivots toward stablecoin-based payments, according to multiple…
Mastercard Partners With Polygon, Mercuryo to Simplify Self-Custody Transfers
Mastercard, Polygon Labs, and Mercuryo have announced an expansion of the Mastercard Crypto Credential to self-custody wallets, introducing verified, username-style aliases designed to replace traditional long-form wallet addresses. Mastercard said…
Calastone Taps Polygon to Launch Tokenized Fund Share Classes
Polygon announced today that Calastone, the global funds network, has integrated its tokenised distribution solution with the Ethereum Layer 2 scaling network. The integration enables Calastone’s blockchain-based fund distribution platform…
Altcoin Shake-Up: Which Alts Are Poised for Biggest Gains in September?
As crypto markets gear up for another volatile week, fresh data spotlights five altcoins to watch. Binance’s Netflow metric highlights major outflows in Fetch.ai (FET), Amp (AMP), and Synthetix (SNX),…
Polygon’s zkEVM Never Adopted Blobs, Now Running at a $1M+ Annual Loss: Researcher Claims
Polygon’s zero-knowledge chain, zkEVM, which was originally acquired through the $250 million purchase of Hermez in 2021, appears to have fallen flat. According to GrowThePie’s research lead, Lorenz Lehmann, Polygon…
Lido Announces Phase-Out of Polygon Liquid Staking Protocol After Community Vote
Lido, the prominent liquid staking protocol, has announced the discontinuation of its liquid staking protocol on Polygon, marking the end of its operations over the coming months. Following extensive discussions…
Liquid Restaking Protocol Swell Drops Polygon CDK for OP Stack
Liquid restaking protocol Swell has announced that its Layer 2 is migrating to the Optimism Superchain. Swell said it would move away from the Polygon Chain Development Kit (CDK) as…
Polymarket Seeking $50M New Funding, Plans Token Launch: Report
According to a Sept. 23 report by tech outlet The Information citing ‘people familiar with the matter,’ the blockchain prediction platform is in talks to raise $50 million in funding.…
Matter Labs Abandons ‘ZK’ Trademark Following Community Outcry
Matter Labs, the developer behind the ZkSync Ethereum Layer 2 network, has decided to abandon its efforts to trademark the term “ZK.” In an update on June 3rd, Matter Labs…
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